On March 25, 2020, the Ontario government announced it is increasing the Employer Health Tax (EHT) exemption for 2020 from $490,000 to $1 million due to the special circumstances caused by the coronavirus (COVID-19) in Ontario.
This exemption increase will provide tax relief for businesses around the province so that they can focus on supporting the well-being of their employees and their continued operations during this time of uncertainty.
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